Skip to content
Screener

Coastal Financial CCB BaaS fraud expense — BaaS loan and fraud expense

Other product segments

BaaS loan expense
$40.41M+24.4%

Similar metrics at other companies

FinWise Bancorp logo
FINWBaaS — Interest Expense
$1.34M
Shore Bancshares logo
SHBIFraud losses
$111K+5.7%
FinWise Bancorp logo
FINWBaaS — Other non-interest expense
$13.07M
Mitek Systems logo
MITKFraud and identity solutions — Revenue
$29.03M+13.7%
FinWise Bancorp logo
FINWBaaS — Salaries and benefits
$2.45M
AgEagle Aerial Systems logo
UAVSSaas — Labor And Related Expense
$0

Other financials

Income statement

See full
Revenue$178.1M+49.1%
Net income-$42.1M-482%
EPS (diluted)-$2.76-489%

Balance sheet

See full
Cash & equivalents$1.0B+40.1%
Total debt$4.5M-10.7%
Total equity$463.4M+0.4%
Total assets$5.5B+21.8%

Cash flow

See full
Operating cash flow$76.9M+16.4%
CapEx$2.2M+6.1%
Free cash flow$74.6M+16.7%

Valuation

See full
Market cap$692.83M-53.7%
Enterprise value-$311.1M-140%
P/S1.1×-1.6×

Profitability

See full
Net margin-0.6%-9.2pp
FCF margin42.9%-3.5pp

Returns & leverage

See full
Return on equity-0.8%-13.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Coastal Financial in its filing.

Tagged under the XBRL concept ck1437958:BankingServiceExpenses.

The source filing: Coastal Financial’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 11:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437958-26-000061
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Other expense2,3261,4754,2183,378
Noninterest expense, excluding BaaS loan and BaaS fraud expense96,39037,545139,84375,034
BaaS loan expense40,40932,48377,34964,990
BaaS fraud expense4,3122,8047,3714,797
BaaS loan and fraud expense44,72135,28784,72069,787
Total noninterest expense141,11172,832224,563144,821
(Loss) income before provision for income taxes(55,194)14,387(40,610)26,156
(BENEFIT) PROVISION FOR INCOME TAXES(13,089)3,359(10,524)5,398

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Coastal Financial's baas fraud expense — baas loan and fraud expense?
Coastal Financial (CCB) reported baas fraud expense — baas loan and fraud expense of $4.31M in Q2 2026.
How has Coastal Financial's baas fraud expense — baas loan and fraud expense changed year-over-year?
Coastal Financial's baas fraud expense — baas loan and fraud expense increased by 53.8% year-over-year, from $2.8M to $4.31M.
What is the long-term trend for Coastal Financial's baas fraud expense — baas loan and fraud expense?
Over 3 years (2022 to 2025), Coastal Financial's baas fraud expense — baas loan and fraud expense has grown at a -35.3% compound annual growth rate (CAGR), from $29.57M to $8.01M.
What does baas fraud expense — baas loan and fraud expense mean?
This metric represents the total financial losses and associated operational costs incurred due to fraudulent activities within the Banking-as-a-Service (BaaS) segment. It captures the impact of unauthorized transactions, loan defaults resulting from fraudulent applications, and the direct costs of mitigating such risks within the partner-integrated banking ecosystem. Monitoring this expense is critical for assessing the risk management effectiveness and profitability of third-party banking partnerships.

Ask your AI about Coastal Financial's baas fraud expense — baas loan and fraud expense.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude